3 ms·
This is one reason I dislike the silicon valley and sf culture of "innovation". A lot of it is a variation on a well-known theme and the model is predicated on
by dkarapetyan 10y ago
This is one reason I dislike the silicon valley and sf culture of "innovation". A lot of it is a variation on a well-known theme and the model is predicated on unsustainable hypergrowth followed by surviving until acquisition. Basically chasing fads and trends instead of doing anything truly innovative because the venture model can't follow through something that requires a decade of incubation.
- Noseshine 10y agoWhat opened my eyes to where the true innovative roots of SV were planted was a lecture from the Computer History Museum in Mountain View (CA): https://www.youtube.com/watch?v=ZTC_RxWN_xo https://www.youtube.com/watch?v=ZTC_RxWN_xo TL;DW: It all harks back to WWII and unlimited government spending on electronics (and related) R&D - financed based mostly on never before seen amounts of government debt (https://en.wikipedia.org/wiki/History_of_the_United_States_public_debt#/media/File:Federal_Debt_Held_by_the_Public_1790-2013.png https://en.wikipedia.org/wiki/History_of_the_United_States_p...).
- botterworkshop 10y agoThis was a fascinating video! Thanks for sharing! Love Steve Blank
- digi_owl 10y agoSimilarly, antibiotics languished until WW2 because it a right pain to mass produce. But with the war came effectively bottomless budgets, and so the needed R&D for mass production was bootstrapped.